Vietnam expected to cut policy rate in second half of 2020: HSBC

The need to ease policy rates in the near-term is unlikely, given the country’s still-robust growth and heightened foreign direct investment.

Rough road for VN farm exports to the EU

The European Union’s evermore stringent regulations on quality management, food safety as well as traceability have piled tremendous pressure on Vietnam’s agricultural exports to this bloc.

 

BUSINESS NEWS 16/4

2nd Co-operative Registrars’ Forum to be held in HCM City

 

Banks cautious about profit targets for 2019

After reaping high profits and gaining growth of 30-40 percent in 2017-2018, Vietnam’s commercial banks have become cautious about their business plans for 2019.

HCM City struggles to deal with drug-positive truck drivers

HCM City authorities are trying to find ways to prevent deadly road accidents caused by trucks.

 

Se Dang youth inspires passion for traditional music

Despite not having undergone any training in music, 26-year-old Tis of the Se Dang ethnic group in Dak Lak province, can make and play many musical instruments of the Central Highland region. He also teaches local children to play music.

 

Household businesses out from the shadows

Household businesses are being encouraged to develop into private enterprises and contribute more to economic development.

Businesswoman promotes Vietnamese traditional dishes

Doan Thu Thuy, who runs a construction company, is also an owner of a chain of restaurants offering Vietnamese traditional cuisine.

Different ways to grow

Vietnam is in search of new growth drivers as financial market management is set to create momentum for national economic development.

Food additive container explodes at Cat Lai Port

A container of food additives, which was shipped from China and kept at Cat Lai Port in HCMC’s District 2 for customs clearance, exploded on April 11, the local media reported.

 

Street carnival at Sam Son Sea Festival 2019

A street carnival was held to open the Sam Son Sea Festival 2019, drawing in thousands of local people and tourists who came to enjoy the events in Thanh Hoa province.

HCM City seeks to sell thousands of resettlement apartments in District 2

HCM City will continue to auction 5,034 resettlement apartments and 43 land lots designed for building relocation housing following earlier unsuccessful attempts, according to the Department of Construction.

 

Draft alcohol law at odds with confusing regulations

Foreign trade associations and business groups continue to raise concerns over Vietnam’s new draft alcohol and beer law, citing potentially-discriminatory regulations that may put consumers at higher risk of low-quality or fake products.

 

Chinese influence at Sabeco board: nothing but rumour

Koh Poh Tiong, chairman of the Board of Directors of Saigon Beer, Alcohol and Beverage (Sabeco), refuted rumours that there are Chinese shareholders on the brewer’s Board of Directors.

 

HCM City experiencing scorching heat

HCM City is experiencing scorching heat, with temperatures forecasted to increase to 40 degrees Celsius outside.

Two Vietnamese frigates visit China

Two Vietnamese frigates have left Cam Ranh Port in the southern central province of Khanh Hoa for China to attend an event to mark the 70th anniversary of the founding of the Chinese Army Navy.

 

Fruit export challenges await with China's tighter border trade

Farmers have been advised to grow fewer crops as China, Vietnam's biggest fruit importer, has tightened control over border trade.

 

Czech Embassy to help fund Vietnamese athletes

The Embassy of the Czech Republic to Vietnam promised to support Vietnamese athletes through We Help Talents, a fund established on Sunday in Hanoi.

 

Four men charged after van load of Vietnamese nationals stopped

Four men were due to appear in court in the United Kingdom on Monday accused of people trafficking.

 

Hai Phong taps sea, island tourism potential

As the largest seaport in Vietnam’s northern region, Hai Phong city boasts huge potential for tourism development, especially sea-based tourism.

 

'Say no to plastic bags' gains popularity in Vietnam

In the recent times, some supermarkets in Vietnam have started using banana leaves to wrap food instead of plastic bags. The move has been praised by the community.

 

US magazine suggests Vietnam as destination for your 50s

Vietnam is one of two Southeast Asian destinations that Travel + Leisure urges holiday makers in their 50s to visit.

 

PMs of Vietnam, Romania hold joint press conference

PM Nguyen Xuan Phuc, now on a visit to Romania, on April 15 held a joint press conference with his host PM Viorica Dancila following their talks and signing of cooperation memorandums of understanding in Bucharest earlier the same day.

 

Right person, right job

Both recruitment startups and leading head-hunters in Vietnam have been eagerly investing in technologies to improve the employment process.

Phuong My introduces bridal collection in New York

Vietnamese designer Phuong My has introduced her latest fashion collection at New York Bridal Fashion Week.